RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Equity LifeStyle Properties Assessing Impact of Irma to Florida

Tue Sep 12, 2017

CHICAGO --Equity LifeStyle Properties, Inc. has reported that it is in the process of undertaking an initial assessment of the impact of Hurricane Irma on its 138 Florida properties. At this time, no injuries to its residents, guests or employees have been reported.

Based on the company’s ongoing initial assessments, properties have been affected by flooding, wind, wind-blown debris, falling trees and tree branches. Damage to some homes, carports, screen rooms and awnings also have been reported. Consistent with prior storm events, newer homes appear to have held up well during the hurricane. Given access restrictions, ELS is presently unable to assess Hurricane Irma’s impact on its two Florida Keys properties. The company believes that it has adequate insurance subject to deductibles, including business interruption coverage, according to a press release.

“Above all, we are grateful that there have not been any reported deaths or injuries to our residents, guests or employees,” President and CEO Marguerite Nader says. “Our operations team in Florida has displayed outstanding diligence and efficiency in assisting our customers while preparing for and reacting to the effects of Hurricane Irma.”